Monday, November 29, 1999

Grounnut oil up on mills buying

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New Delhi, June 18 (PTI) Prices of groundnut mill delivery oil rose by Rs 50 per quintal on the wholesale oils and oilseeds market today on stockists buying coupled with higher upcountry advices. However, mustard oil lacked necessary buying support and eased. Traders said, fresh buying by stockists amid higher advices from Gujarat mainly led to a rise in groundnut oil prices. In the edible section, groundnut mill delivery (Gujarat) oil gained Rs 50 to Rs 7,300 per quintal, while groundnut solvent refined gained Rs 20 to Rs 1,200-1,210 per tin. However, mustard expeller oil (Dadri) lacked necessary buying support and lost Rs 40 to Rs 4,730 per quintal. Following are today''s quotations in Rs per quintal: Oilseeds: mustard seed 2,500-2,600 and groundnut seed 2,100-2,850. Vanaspati ghee (15 litres tin) 720-830. Edible oils: Groundnut mill delivery (Gujarat) 7,300, groundnut Solvent refined (per tin) 1,200-1,210, Mustard Expeller (Dadri) 4,730, Mustard Pakki ghani (per tin) 665-820, Mustard kachi ghani (per tin) 820-920, Sunflower 6,300, Sesame mill delivery 5,800, Soybean Refined mill delivery (Indore) 4,420 Soyabean degum (Delhi) 4,320, Crude Palm Oil (Ex-kandla) 3,710, Cottonseed mill delivery (Haryana) 4,020, Palmolein (RBD) 4,170, Rice bran (phy) 3,750 and Coconut (per tin) 960-990. Non-edible oils: Linseed 3,950, Mahuwa 4,000, Castor 6,950-7,050, Neem 3,600-3,700, Rice bran 3,200-3,300 and palm fatty 3,225-3,300. Oilcakes: groundnut de-husk 800-850, sesame 950-1,150, Mustard (new) 1,025-1,050, Mustard 1,200-1,210 and Cottonseed 1,075-1,175.

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